The philosophy driving how we pay employees is based on the link between compensation and the performance of the individual employee. At Company, we utilize a two-step procedure: we pay base salaries benchmarked to market salaries, and reward beyond market with incentive or bonus pay when warranted by performance.
At Company, we believe in management by objectives. The entire company develops goals at the beginning of each year throughout the organization. Sometime in the first weeks of your employment, you will meet with your manager to develop work goals that are aligned with your department’s annual objectives. Every year managers review each employee’s performance against their goals for the year. Merit increases are made based on the performance review results and current economic factors and business conditions at Company. We have designed our pay processes to compensate employees fairly, accurately, and objectively, in a way that motivates each person to reach his or her professional goals while focusing on the success of the organization.
Your regular attendance is important to our operations. We recognize that occasionally it may be necessary for you to miss work. If you are going to be absent or late to work, it is your responsibility to call and notify your manager as soon as possible. Excessive unplanned absences and/or tardiness that is not approved may result in disciplinary action up to and including termination. Absences during an approved medical disability or family care leave or an approved leave will not be included for disciplinary purposes.